Key Points The S&P 500 (SNPINDEX: ^GSPC) has been on a seemingly unstoppable run lately, earning total returns of nearly 80% over the past three years, as of this writing. That said, there are still plenty of stocks outperforming the benchmark index. Industry-leading tech companies, specifically, have experienced explosive growth as AI continues to dominate … Read more
Crypto Market Update: House Democrats Push Back on GOP Crypto Tax Bill
The whipping post
Here’s a quick recap of the crypto landscape for Wednesday (June 10) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$61,283.35, trading 2.4 percent lower over the past 24 hours. Chart via TradingView Bitcoin price performance, … Read more
Why I'm Rethinking My Bearish Outlook on SoundHound AI: The Stock Could Be a Long-Term Winner
The whipping post
Key Points SoundHound AI doesn’t have a large competitive moat and has largely been a niche player in agentic voice artificial intelligence (AI). The company has leveraged its customer base and technology to expand into new customer service sectors. Despite plenty of competition, SoundHound has been growing revenue at 52%. 10 stocks we like better … Read more
Why Ford Motor Stock Zoomed 44% in May But Has Hit the Brakes Since
Key Points I don’t remember the last time Ford Motor (NYSE: F) shares sped up like this. The legacy automotive company completely shifted gears in May, positioning itself as an artificial intelligence (AI) play in a strategic move that sent its stock soaring 44.4% during the month, according to data provided by S&P Global Market … Read more
SpaceX Stock Starts Trading This Week. Here's What to Expect.
Key Points SpaceX is slated to be the biggest initial public offering (IPO) ever on the stock market. Management is plans to offer 555,555,555 shares at $135 each to raise $75 billion. To put that in perspective, the most a company ever raised was $26.5 billion by Saudi Aramco in 2019, and the most raised … Read more